1410 31St StPhiladelphia, PA 19121

Property Details for 1410 31St St

Year built

2018

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.97 AC

Property size (Sq ft)

77,120 SF

Zone code

RMX2

Property type

Apartment buildings

APN

88-1-8228-14

APU

881822814

Description

This exceptional single-tenant retail space, located at 1410 N 31st St in Philadelphia County, Pennsylvania, offers a fantastic opportunity for a discerning business owner. The property boasts a total of 4,032 square feet of commercially zoned space, currently entirely vacant and ready for immediate occupancy. Its single-tenant configuration provides a unique opportunity for a business seeking a dedicated and expansive retail footprint. The property's size is ideal for a variety of retail concepts, allowing for flexible layout and design to suit individual business needs. The location within Philadelphia County offers excellent visibility and accessibility, providing convenient access for customers and employees alike. This is a rare opportunity to secure a substantial, move-in ready retail space in a desirable Philadelphia location. The property is currently available for lease, presenting a blank canvas for a business to establish its presence and thrive. Interested parties are encouraged to inquire promptly to secure this exceptional retail opportunity. All 4,032 square feet are available for lease. The property is classified as commercial retail. This is a single-tenant property.

• CAP approach

  CAP return

  Valuation

  6%

  $18,163,018

  6.5%

  $16,765,862

  7%

  $15,568,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,618,574

  Geo Method

  $15,618,574

• Alternative Use

  Use

  Valuation

  Residential

  $16,765,862

  Hospitality

  $15,357,439

  Educational

  $12,777,209

  Medical

  $13,216,637

  Retail

  $19,875,658

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9787

Longitude

-75.1866

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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